Dow Futures Opening Update as on 16 May 2019

U.S. stock futures higher  in pre-market trading for , May 16 The Dow Futures is trading at 25,758.00  up with +0.33% percent or +84.00 point.The S&P 500 Futures is trading at 2,864.38  up with +0.33% percent or +9.38 point.The Nasdaq Futures is trading at 7,554.75  up with +0.34% percent or +25.50 point.

In overnight trading in the Eastern Hemisphere, In other parts of world, Japan’s Nikkei 225 is trading at 21,062.98 with a loss of -0.59% percent or -125.58 point. Hong Kong’s Hang Seng is trading at 28,341.68 up with +0.26% percent or +72.97   point. China’s Shanghai Composite is trading at 2,955.71  up with +0.58% percent or +17.03 point. India’s BSE Sensex is trading at 37,114.61  with a loss of -0.00073% percent or -0.27 point at 12:15 PM.The FTSE 100 is trading at 7,321.51 up with +0.34% percent or +24.56 point. Germany’s DAX is trading at 12,188.21 up with +0.73% percent or  +88.64 point. France’s CAC 40 is trading at 5,393.84 up with +0.36% percent or +19.58 point. The Stoxx Europe 600 is trading at 379.69 up with +0.43% percent or +1.67  point.

Thursday’s Factors and Events

The U.S. Department of Commerce announced the addition of Huawei Technologies and its affiliates to the Bureau of Industry and Security (BIS) Entity List, making it more difficult for the Chinese telecom giant to conduct business with U.S. companies.

The major stock indexes are all down more than 3% this month.

Trade worries were eased slightly on Wednesday after CNBC reported  Trumpplans to postpone auto tariffs by up to six months. The White House faces a Saturday deadline to decide whether to slap duties on car and auto part imports over national security concerns.

Wednesday Activity

For the day the Dow is trading at 25,648.02  up with +0.45% percent or +115.97    point. The S&P 500 is trading at 2,850.96 up with +0.58% percent or +16.55 point. The Nasdaq Composite is trading at 7,822.15 up with +1.13% percent or +87.65 point.

Other leading market index closes included the small-cap Russell 2000 Index closed at 1,548.27 up with +0.34% percent or +5.21 point; the S&P 600 Small-Cap Index closed at 946.06 up with +0.14% percent or +1.29 point; the S&P 400 Mid-Cap Index closed at 1,899.98  up with +0.27% percent or +5.06 point; the S&P 100 Index closed at 1,262.30  up with +0.79% percent or +9.89 point; the Russell 3000 Index closed at 1,680.91 up with +0.57% percent or +9.45 point; the Russell 1000 Index closed at 1,579.88  up with +0.58% or +9.15 point.

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